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New Bank of Japan Chief Says He Will Maintain Easy Money
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wsj.comTOKYO–Kazuo Ueda, the Bank of Japan ’s first new governor in 10 years, said he would maintain monetary easing and negative interest rates despite market expectations for an early policy change.
“We will continue the monetary easing adopted by the previous leadership,” Mr. Ueda said at a news conference Monday night after finishing his first weekday on the job. He became governor on Sunday, succeeding Haruhiko Kuroda.
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